Question

Management principles are contingent or dependent upon the situations prevailing in the organization. Which is the correct explanation associated with this statement?

पर्याय

• Application of principles is suitable in similar situations in a large number of cases.

• Application of principles has to be changed as per requirements.

• Principles of management can be modified.

• None of the above.

Answer 1

Application of principles has to be changed as per requirements.

Explanation - 

Management principles are neither stable nor permanent. Situations or circumstances have an impact on them. As a result, the decision to use them or not is made based on the scenario or conditions.